View Single Post
  #1 (permalink)  
Old 04-25-2006, 10:07 PM
battlebot's Avatar
battlebot battlebot is offline
Senior Member
 
Join Date: Feb 2006
Location: MD
Posts: 1,503
Send a message via AIM to battlebot Send a message via Yahoo to battlebot
Bonds and Loans = Win?

So I had this idea today. Borrow X amount of dollars in a loan ie: 3 mill, then go out and purchase 3 million dollars worth of EE bonds. After paying off the three million including interest in a lump sum after 10 years if possible, wouldn't that make you a millionaire in 10 years due to the doubling of the EE bonds?
Reply With Quote